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Reproducibility is tested by a replication study, which must be completely independent and generate identical findings known as commensurate results. It is one of the…

Coefficient of Variation represents the ratio of the standard deviation to the mean, and it is a useful statistic for comparing the degree of variation…

Benjamin Gompertz was a British self-educated mathematician. He was learning mathematics by reading Newton and Maclaurin. He came from a family of merchants who left…

Reliability in Statistics  is frequently used in research contexts, in everyday use, the word “reliable” means dependable, consistent or unfailing. It is the characteristic of…

Logistic Distribution is inappropriate for modeling lifetime data because the left-hand limit of the distribution extends to negative infinity. It provided that the distribution in…

Large Deviations Theory applications use in many different scientific fields, ranging from queuing theory to statistics and from finance to engineering. It is also increasingly…

Extreme Value Theory  is useful in modelling the impact of crashes or situations of extreme stress on investor portfolios. It seeks to assess, from a…

Product Certification can offer the customer formal documentation that the product they have purchased has been tested by qualified personnel to the applicable codes and…

Factor of Safety is used to provide a design margin over the theoretical design capacity to allow for uncertainty in the design process. It  is…

This article describe about Social Vulnerability, refers to the inability of people, organizations, and societies to withstand adverse impacts from multiple stressors to which they…

Illusory Superiority is a phenomenon where people regard themselves as generally better than others, no matter what the facts are. It is evident in a…

Empathy is a key element of Emotional Intelligence, the link between self and others. It is used to describe a wide range of experiences. Empathy…